Feasibility Plan definition
Examples of Feasibility Plan in a sentence
The Joint Development Team shall be responsible for and establish procedures for the management of the Feasibility and Development Programs in accordance with the Feasibility and Development Plans and shall serve as points of contact between the parties to coordinate activities and ensure that the parties perform their respective obligations (if any) diligently in accordance with the Feasibility Plan and the Development Plan.
SBS shall use Commercially Reasonable Efforts to complete the Feasibility Program in accordance with the timeline set forth in the Feasibility Plan.
Completion of the Feasibility Plan with less effort than estimated may result in lower charges; however, additional effort from unexpected results or changes requested by Voyager may result in higher charges.
Notwithstanding the foregoing, the parties acknowledge and agree that there can be no assurances that the objectives of the Feasibility Program can be achieved, or that they can be achieved in the time set forth in the Feasibility Plan.
It is expected that each Feasibility Study, together with the preparation of the Development Project Proposal for a specific Candidate Compound, if applicable, will take an average of sixteen (16) weeks (or longer in the case of New Technology Activities), which may vary depending on the complexity of the issues to be addressed in the Feasibility Plan.
Upon the delivery of all such information to TOTAL, TOTAL and AMYRIS shall use Diligent Efforts to complete the Feasibility Study (subject to approval of a Feasibility Plan in accordance with this Agreement) for the [*] project and to prepare a Development Project Proposal therefor.
Public Phase - to be completed within six (6) months after County approval of the Feasibility Plan.
All information generated during the Feasibility Plan shall be owned by the Company and subject to the terms of confidentially herein.
Delivery shall not be deemed to be complete, with respect to Phase 1, until all services identified as part of Phase 1, including the feasibility planning/study and delivery of the Feasibility Plan, have actually been received and accepted in writing by the County and, with respect to Phase 2, until all services identified as part of Phase 2 have actually been received and accepted in writing by the County.
Contractor’s flat fee for conducting and completing the feasibility study and delivering the Feasibility Plan is $25,000.00, which includes all travel, per diem and other expenses.